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aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate big spends cut and restore unemployment benefits. >> i think you're likely to see a two-step process here. one sort of dealing with the immediate dynamic so you can deal with the larger situation. >> reporter: without a deal, bush era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline hoping it would force a compromise. so far, that's backfired. also flying back on air force one is hawaii lieutenant governor brian schatz. he is replacing the late senator from hawaii, senator inouye. he'll likely be sworn in later today. schatz tweeted he's looking forward to supporting the president's agenda. reporting live in washington, i'm danielle leigh. >>> treasury secretary tim geithner is adding to the pressure saying the treasury may not be able to pay its bill on monday. that could lead to a credit downgrade. in his letter, geithner proposes a series of measures to postpone the date. geithner indicates his plan would free up about $2 who billion. >>> we no
aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate big spends cut and restore unemployment benefits. >> i think you're likely to see a two-step process here. one sort of dealing with the immediate dynamic so you can deal with the larger situation. >> reporter: without a deal, bush era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline hoping it would force a compromise. so far, that's...
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it's more than senator harry reid has done on behalf of the senate democrats. the senate democrats haven't proposed a budget. and unless everyone puts a budget on the table there can't be a discussion. senator harry reid has a pocket veto on the budget. >> and that's not within the law. the law says the congress has to pass a budget every year, the senate has to pass a budget but harry reid has chosen not to bring a budget year after year after year. he's not committed to dealing with the major problem of the country, the spending. >> and it's sort of interesting. nevada re-election him, that's their choice but the rest of the country is held hostage. people in my home state of wisconsin, if they don't like harry reid has majority leader there's nothing they can do. they can put pressure on their senators, but for the most part senator harry reid is in a very powerful position. >> i think he's taking orders from president obama. this is time for the president of the united states to lead. there's only one person who has the pen who can sign into law the law pre
it's more than senator harry reid has done on behalf of the senate democrats. the senate democrats haven't proposed a budget. and unless everyone puts a budget on the table there can't be a discussion. senator harry reid has a pocket veto on the budget. >> and that's not within the law. the law says the congress has to pass a budget every year, the senate has to pass a budget but harry reid has chosen not to bring a budget year after year after year. he's not committed to dealing with the...
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a spokesman for harry reid some are blaming the gop for the holdup. no further legislation can move unless republicans drop their knee-jerk obstructionism. if the country falls off the fiscal cliff, it may feel gradual at first, except on wall street. >> the reaction from the financial markets and the stock markets -- you could see something quick. >> a top ceo is hoping to jolt them into action. he wants employees to write " come together" on the coffee cups. >> i am maintaining my optimism that we will see the republicans and administration come together and do what is right for the country. >> starbucks has a message for the players in washington and is taking out an ad in "the washington post" featuring a quote from lincoln. will it work? we will see. hallie jackson, wbal-tv 11 news. >> 6;09. 37 degrees at the airport. >> former president george h.w. bush is transferred to intensive care. we will have an update. >> i giant aquarium suddenly collapses. >> everyone has that fear when they stand by it. it is terrifying. the wind is picking up today.
a spokesman for harry reid some are blaming the gop for the holdup. no further legislation can move unless republicans drop their knee-jerk obstructionism. if the country falls off the fiscal cliff, it may feel gradual at first, except on wall street. >> the reaction from the financial markets and the stock markets -- you could see something quick. >> a top ceo is hoping to jolt them into action. he wants employees to write " come together" on the coffee cups. >> i...
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. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here. a lot of finger pointing and no answers as i said and just days remaining until tax increases and spending cuts all kick in and we all feel the pain. mike emanuel live with the news for us tonight on capitol hill. top democrats seem to be suggesting they cannot cut a deal without republican help. >> well, harris, that is right. and so they are asking what it will take to at least get some republican support. they say time is so critical. they cannot just roll out new legislation only to have the republicans reject it. we know president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow
. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here. a lot...
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reid, mr. obama starting the warfare about taxing the rich. reid sat on the bill. why didn't he bring it up for a vote? why didn't it get fair debate? mr. reid hasn't passed a budget and we going to believe they're serious about the fiscal problems? let's go offense the cliff. >> we have two cameras outside the white house right now. that one i believe is perched on pennsylvania avenue and we have another camera which is perched facing the side entrance. those are the suvs that likely boehner, mcconnell, pelosi and reid will come out of. let's talk about the deal. what if there's a deal, craig, for, i don't know, say 4 hr $500,000 the threshold of who gets taxes and who keeps -- everybody under that number keeps their tax cuts. everyone over pays more and there's spending cuts. is that a bad deal? >> yeah. i think it is. let me tell you why. because you can't get everything out of this deal that you want and frankly, all we're doing is kicking the can down the road. you know as well as i do this does nothing to deal with the $1 trillion plus deficits we have yearly
reid, mr. obama starting the warfare about taxing the rich. reid sat on the bill. why didn't he bring it up for a vote? why didn't it get fair debate? mr. reid hasn't passed a budget and we going to believe they're serious about the fiscal problems? let's go offense the cliff. >> we have two cameras outside the white house right now. that one i believe is perched on pennsylvania avenue and we have another camera which is perched facing the side entrance. those are the suvs that likely...
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aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline, hoping it would force a compromise. so far, that's backfired. also flying back on air force one is lieutenant governor brian schatz and will likely be sworn in later today. just before taking off, he tweeted that he's looking forward to supporting the president's agenda. reporting live in washington, i'm dan yeielle leigh. mara, back to you. >> thank you. >>> tim geithner is adding to the pressure to get the office calf cliff deal done. in an open letter wednesday, he warned the federal government may not be able to pay its bills once the country reaches its borrowing limit on december 31st, which is mon
aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the...
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senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he k
senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment...
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. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks. >> the phone never rang. and so now here we are, five days from the new year, and we might finally start talking. >> reporter: but talking about what? so far, reid has not introduced the scaled-down bill he was reportedly working on over the christmas holiday. sources say that bill would extend the bush-era tax cuts for
. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker...
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ed reid. he made start. >> most of us look at it like it is a team thing. we all take pride in that period when the guy makes an offense, all the guys in offense feel like they were a part of that. it is a big deal. >> your full list of ravens the pro bowl. reid, rice, marshall, the trip for jones. and bernard pollard, a first alternate. the have the third most players in thirdafc behind houston and new england. -- they have the third most players in the afc behind houston and new england. the ravens cannot buy -- should they give everything they have to win a somewhat meaningless game? football and let them off the gas to not go together. the idea to send a message to a division. rice says a play that worked remains to be done. >> c. start something, you have to finish it. our goal is to win a division and control it. we did our thing against cleveland, but with pittsburgh. right now we are 10 -- 1 and 0 vs. cincinnati. >> how about a look to the 2013 season? who and where the ravens will play. w. hen. the nine divisional home games include new england, th
ed reid. he made start. >> most of us look at it like it is a team thing. we all take pride in that period when the guy makes an offense, all the guys in offense feel like they were a part of that. it is a big deal. >> your full list of ravens the pro bowl. reid, rice, marshall, the trip for jones. and bernard pollard, a first alternate. the have the third most players in thirdafc behind houston and new england. -- they have the third most players in the afc behind houston and new...
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senators reid and mcconnell are discussing potential agreement. where we get a bipartisan bill out of the senate. over to the house and done in a timely fashion. so that we met the december 31 deadline. given how things have been working in this town, we always have to wait and see until it happens. one thing the american people should not have to wait and see is some sort of action. if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor and i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people. and that lays the groundwork for additional deficit reduction and economic growth steps we can take in the new year. let's not miss this deadline. that is the bare minimum we should be able to get done. it shouldn't that hard since democrats and republicans both say they don't want to see tax goes up on middle class families. i just to have to repeat. outside of washington, n
senators reid and mcconnell are discussing potential agreement. where we get a bipartisan bill out of the senate. over to the house and done in a timely fashion. so that we met the december 31 deadline. given how things have been working in this town, we always have to wait and see until it happens. one thing the american people should not have to wait and see is some sort of action. if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor and i...
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i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party does and concerned about the election on january 3rd? if nothing happens, he may have to worry about the election, john boehner. what i would advise him to do, he doesn't seek my advice, let me give you some advice. be what you want to be. do what you have to do. and democrats will support you if you do that. >> do you think at this point there's even enough time to get a deal done? realist achally. >> absolutely. there is time. now, i know we went out of session today and won't be in session technically until monday. that can change over the weekend. through emergency. so what happens to saturday and sunday? i mean, we all rather be with our families and friends but the fact is america needs this done right now. you know what's disappointed me most of all, craig? talking heads, many of them on television and some members of my own party saying, well, it won't be as bad. we'll take it up in the new congress. i think
i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party does and concerned about the election on january 3rd? if nothing happens, he may have to worry about the election, john boehner. what i would advise him to do, he doesn't seek my advice, let me give you some advice. be what you want to be. do what you have to do. and democrats will support you if you do that. >> do you think at this point there's even enough time to get...
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chip reid has a look. >> at gun shows across the nation this past weekend, people stood in line hoping to get eheir hands on an a.r.-15, the military style rifle used in the newtown, connecticut, school shooting. there's been a run on a.r.-15s at gun stores, too. rick friedman owns r.t.s.p. in randolph, new jersey. >> i normally sell about 15 or 20 a month. i've sold 30 in the last three days. >> reporter: the reason he says is clear. >> because people want to make sure they can own them legally hefore they have that "right" ntken away. >> reporter: the white house said after the newtown shooting atic president obama supports a ban on assault weapons proposed by california democratic senator dianne feinstein. getting it through congress quickly is highly unlikely, but the mere mention of a ban is enough to send sales soaring. and it's not just guns. brownell's, the world's largest firearm supplier, said it morently sold more than three- and-a-half years worth of a.r.- ag magazines in three days. even before newtown, sales of guns and ammunition this year were surging. chb.i. background
chip reid has a look. >> at gun shows across the nation this past weekend, people stood in line hoping to get eheir hands on an a.r.-15, the military style rifle used in the newtown, connecticut, school shooting. there's been a run on a.r.-15s at gun stores, too. rick friedman owns r.t.s.p. in randolph, new jersey. >> i normally sell about 15 or 20 a month. i've sold 30 in the last three days. >> reporter: the reason he says is clear. >> because people want to make sure...
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within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-back bill, which is what he campaigned on. raising taxes for everybody making more than $2
within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said....
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harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind straits, we're in for some deep problems. i am a conservative by nature. the culture and liberal left wing is running this country -- the ulta and liberal and left- wing is running this country. host: thank you for the call. 44% of voters think congressional republicans are to blame. 15% blame both sides equally. a lot of focus in new york. funding for hurricane sandy relief efforts totaling $60 billion. it is unlikely to be in the house. many are saying it is too expensive. "lock them up until they deal." we will continue our conversation on the fiscal cliff. damian paletta will be joining us from "the wall street journal" as negotiations resumed at 3:00 p.m. today at the white house. later, randal o'toole with the cato institute. he has a new book and will be joining us at 8:30. "washington journal
harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind straits, we're in for some deep problems. i am a conservative by nature. the culture and liberal left wing is running this country -- the ulta and liberal and left- wing is running this country. host: thank you for the call. 44% of voters think congressional republicans...
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a spokesperson for senator reid is saying "nothing to report. no conversations with republicans let." the spokesperson says "no outreach from any democrats. we are waiting on senate democrats." it looks right now that the cliff remains inside. lori: i heard you talking to dennis kneale earlier. the house generally has to post something for three days. realistically, right, everyone will come back tomorrow, they probably will not have anything by friday. peter: if they do something by friday, the house could vote on something by monday, new year's eve. the weekend could count. absolutely. they can actually do whatever they want. they can vote to waive the rules. yes, they have this three-day rule for making sure all members can read any legislation, any proposal that comes over from the senate. under the constitution, the house sets its own rules. lori: these goucher should have centered on tax policy. what is the likelihood plan from senator reed. >> $100 billion. we are waiting on senator reed. he has said that the senate legislation passed bac
a spokesperson for senator reid is saying "nothing to report. no conversations with republicans let." the spokesperson says "no outreach from any democrats. we are waiting on senate democrats." it looks right now that the cliff remains inside. lori: i heard you talking to dennis kneale earlier. the house generally has to post something for three days. realistically, right, everyone will come back tomorrow, they probably will not have anything by friday. peter: if they do...
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we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can go back to say hey, this is the best opportunity. as far as the likelihood of this kraig, things have not been going well and there's optimism here and there and things are fluid like kristen says and it will be the final deal, but what we do know is these folks on capitol hill are very mindful of the damage that can be done to the economy if nothing is brief. we've had five down days in the stock market and we're preparing the country on tuesday for the first tax increase in 20 years, and i think finally at the end, that's starting to resonate at least with some of the elder members of both sides
we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can go back to say hey, this is the...
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we just heard from the top senate democrat harley reid respondinharry reid responding to the statement. here is what he said. >> this happy talk that this republican house leadership said yesterday, let him take our bill. mr. president that bill was brought up and defeated. i refeet the american peopl repeat the american people do not agree with the republicans in the house and the republicans over here. >> reporter: the senate is back in session today, the house is not. patti ann: molly henneberg live ph washington, thank you. gregg: as washington debates the fiscal cliff we are also days away from another financial crisis. the u.s. government is poised to hit its debt limit on monday. what happens if congress doesn't raise the debt sealing? douglas holtz ee eakin is a former director of the nonpartisan budget direction office and is president of american action firearm. thapblgs for being with us. what happens if they don't raise the ceiling? >> ultimately congress has to raise the ceiling. it's simply naive to believe you could ever put the level of spending kick quickly become to t
we just heard from the top senate democrat harley reid respondinharry reid responding to the statement. here is what he said. >> this happy talk that this republican house leadership said yesterday, let him take our bill. mr. president that bill was brought up and defeated. i refeet the american peopl repeat the american people do not agree with the republicans in the house and the republicans over here. >> reporter: the senate is back in session today, the house is not. patti ann:...
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they simply said it's up to harry reid in the senate. is he preparing a bill? there was a lot of talk of small ball. a bill to allow taxes to go up on everybody or at least couples that make more than $250,000 a year. $200,000 with single filers. harry reid said he is not going to prepare a bill unless mitch mcconnell allows it to come for a vote for a simple majority. they are seeking assurances that he won't try to block it. for his part he said it's up to the president to lead. unclear if anything is going to happen today. it's becoming more and more likely we will hit january 1st without a resolution. >> peter, obviously the president gets back a little bit from now. what are we hearing about their strategy? we have that very effective bully pulpit? >> it's a good question. the president is supposed to arrive a couple hours from now. 72 degrees for honolulu. better hope he brings sunshine back with him. the real challenge is when he gets here, there is barely 100 hours before the headline hits. he said a short time ago describing their strategy and it remai
they simply said it's up to harry reid in the senate. is he preparing a bill? there was a lot of talk of small ball. a bill to allow taxes to go up on everybody or at least couples that make more than $250,000 a year. $200,000 with single filers. harry reid said he is not going to prepare a bill unless mitch mcconnell allows it to come for a vote for a simple majority. they are seeking assurances that he won't try to block it. for his part he said it's up to the president to lead. unclear if...
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harry reid was sounding the death knell. what happened yesterday, david? >> congressional leaders came to the white house and had direct talks with the president and john boehner continues to say, look, new it's up to the senate to take action and so there is -- what was noticed on these negotiations and the question is go going, and that's the sticking point and we're waiting to see what happens and we're running out of time and as the other guests have said, it will be up to the house to see if they can get it through. >> i want to throw it up on the screen so folks at home can appreciate when we're talking about and what it will mean for people if no deal is reached. the bush tax cuts expire for all americans. that means everyone's taxes go up. the payroll tax holiday will expire which means roughly $1,000 decrease in take home pay for the the average worker. unemployment insurance goes away for more than 2 million people. the sequester as well, $110 billion in automatic spending cuts to defense and other domestic programs. that's going kick in, as well
harry reid was sounding the death knell. what happened yesterday, david? >> congressional leaders came to the white house and had direct talks with the president and john boehner continues to say, look, new it's up to the senate to take action and so there is -- what was noticed on these negotiations and the question is go going, and that's the sticking point and we're waiting to see what happens and we're running out of time and as the other guests have said, it will be up to the house...
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. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his interview at 10:00 a.m. former president george h.w. bush is out of intensive care and said to be improving this morning. he is in a regular room at houston methodist hospital. a family spokesperson says the family thanks everyone for their prayers and good wishes. he is being treated for a cough. a lawyer for one of the survivors of the newtown school massacre says the state of connecticut didn't do enough to keep kids safe and wants to sue for $100 million. the attorney says the state failed to provide a safe setting for his clintd, an unidentified 6-year-old girl. he says after hearing gunfire, she was left with emotional scars. to howard county where police say they've cracked a string of burglaries that hit homes in columbia and ellicott city. nadia ramdass has the sto
. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his interview at 10:00 a.m. former president george h.w. bush is out of intensive care and said to be improving this morning. he is in a regular room at houston...
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after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago right before the president left hawaii to come back here to the white house, senator mcconnell says that was the first time he heard from any democrat, president, senator reid, nancy pelosi, anybody in about a month in terms of talking about the fiscal cliff. so everyone has sort of delayed really facing all of th up against the deadline now, jon. jon: that seems clear. ed henry at the white house there. ed, thank you. stay on it for us. for more on this let's bring in the editor of "campaigns & elections" magazine, shane deapril. campaigns and elections might be appropriate here because som
after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago right before the...
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john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't even agree on a million. that's a $750,000 gap they have to close. let's hope they do that. thank you. >>> commanders in chief past and present paying tribute to retired general norman schwarzkopf this morning. the commander of coalition forces during the gulf war died yesterday at 78. schwarzkopf was the face of military briefings during the first cable news war. former president george h.w. bush who is hospitalized, said the general was a true american patriot, one of the great military leaders of this generation. >>> new york city police are looking for a woman who pushed a man
john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't...
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. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died y
. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate...
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luke, little to no signs that senators connell and reid are on the same page. how likely is it that the senate would be able to do what the house could not? >> talking to a few sources, folks say it's about 50-50 right now. the senate could have a mini deal done before the new year and that each minute and hour that goes by, that number would seem to shrink and it's less likely. we are told that senator harry reid is gaming how many republicans would vote for a mini deal and most likely extend the tax rates and those making $250,000 or less. obviously anything that goes forward, they will want to be law. they don't want to do that. he wanted to make sure he can become law. it's unclear whether that could happen right now. where we sit today, days out, the smart money is on us and gives republicans the ability to say we never voted for a tax increase. through congress they put a bill on the floor for 250 and below to pass that to save face. what would that do to the economy? we don't know. the result from that could purr action. >> we spent a lot of time about t
luke, little to no signs that senators connell and reid are on the same page. how likely is it that the senate would be able to do what the house could not? >> talking to a few sources, folks say it's about 50-50 right now. the senate could have a mini deal done before the new year and that each minute and hour that goes by, that number would seem to shrink and it's less likely. we are told that senator harry reid is gaming how many republicans would vote for a mini deal and most likely...
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senate majority leader harry reid was reportedly on capitol hill at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines he was grateful for their service and posed for pictures. >>> more bay area headlines. one of santa's helpers put in a little overtime on christmas but instead of a sleigh and reindeer, san jose postal worker nancy ray used this a mail truck. ray is carrying on a decades old tradition of delivering packages to people on christmas. this is the third year ray has put her sant suit. she started working in the san jose post office 20 years ago and said this is a job she always wanted. >> some books, two things of presents. >> a relatively new christmas tradition continues in richmond as hundreds show
senate majority leader harry reid was reportedly on capitol hill at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines...
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there's a good relationship between the white house and senator reid. there's been an open line of communication for the last few days, they've been discussing a proposal very much in the works. the issue here, drew, is that so far there's no discussion between senate democrats and senate republicans or the white house and senate republicans or the white house and senate democrats and house republicans and there needs to be agreement because the expectation, if something passes i will say this, if something manages to get through congress, it is going to require democratic and republican votes, so at some point, they all have to be talking and that still isn't happening at this point. >> briannna, thanks. seems like they should go to hawaii, sit on a beach and cool off. i guess you're coming back to d.c., thanks a lot. >> reporter: i am, thanks. >> that's the solution. that's the solution. >> could be. >>> nine minutes after the hour. other top stories we're learning more this morning about that sniper who killed two volunteer firefighters on christmas
there's a good relationship between the white house and senator reid. there's been an open line of communication for the last few days, they've been discussing a proposal very much in the works. the issue here, drew, is that so far there's no discussion between senate democrats and senate republicans or the white house and senate republicans or the white house and senate democrats and house republicans and there needs to be agreement because the expectation, if something passes i will say this,...
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mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might be amended, might be changed a bit. has to go back to the senate quick for changes. but he said will indeed be considered. the question, can perhaps all the democrats plus at least some republicans, come together to pass something while a bunch of conservative republicans will oppose it, because it's raising taxes for one thing. >> the issue of taxes, is this a consequence of really what happens with bush 41? who is recovering in the hospital, by the way, right now and certainly our thoughts are with him. when he broke that pledge, read my lips, no
mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might...
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you could tell the eagles really wanted to win this for andy reid. they were able to get out in front early. rg-3 obviously in the conversation for offensive rookie of the year. able to get the redskins out front 27-13. but the eagles, they come from behind, get it to 27-20. and closing seconds, coming down to the final seconds. nick foles with an opportunity on a second and goal, trying to get his team in the end zone, can't do so. redskins win it 27-20. it looks like they're going to be your nfc champ. >> and andy reid in philly, he had some good years in there. the next part of our conversation is dedicated to willis. he had to endure a very rough day today. let's talk about that giants game against baltimore. >> the giants have been awful the last few weeks, not playing well, not getting things going on the defensive end. today, the ravens picked on cory webster all day in that giants' second dare. flacco played great on this day. baltimore going back to the postseason, division champs. w the goal again, can they get into the super bowl? they alm
you could tell the eagles really wanted to win this for andy reid. they were able to get out in front early. rg-3 obviously in the conversation for offensive rookie of the year. able to get the redskins out front 27-13. but the eagles, they come from behind, get it to 27-20. and closing seconds, coming down to the final seconds. nick foles with an opportunity on a second and goal, trying to get his team in the end zone, can't do so. redskins win it 27-20. it looks like they're going to be your...
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harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be included in a proposed real-estate investment funds. empire state realty creates as much as $1 billion in an initial public offering. that is the latest from the fox business network giving you the power to prosper. shibani: thing they're calling down after winter weather wallop. it was messy in new york city, hundreds of flights have been canceled or delayed across the nation leaving travelers stranded. let's check with the latest from maria molina at the fox business center for update. looking pretty good today. >> starting to improve, suspecting across new england
harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be included in a proposed real-estate investment...
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majority leader harry reid recognizes this is a critical time. we have a lot meeting in the white house very con struck stif. we hope that it will bear fruit. we hope the next 24 hours will be very instructive as to what we're able to accomplish. >> in order to make that happen, the senate will not be in session tomorrow, harris. >> do they generally agree with the democratic perspective here on whether or not this can get done? >> harris, republicans say it was a good meeting at the white house. we're told there was a discussion of potential options and components of a plan that could pass both the house and senate. here's the top senate republicans take. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward i can make to my conference and the majority leader can make to his conference. so we'll be working hard it to try to see if we can get there in the next 24 hours. >> that's sets up a critical day on sunday when house republicans and their colleagues the democrats return an
majority leader harry reid recognizes this is a critical time. we have a lot meeting in the white house very con struck stif. we hope that it will bear fruit. we hope the next 24 hours will be very instructive as to what we're able to accomplish. >> in order to make that happen, the senate will not be in session tomorrow, harris. >> do they generally agree with the democratic perspective here on whether or not this can get done? >> harris, republicans say it was a good meeting...
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president. >> we're going to step away from harry reid. you kind of get the gist of what he's saying. he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal harry reid just got in going after the speaker. it is true that things have clearly broken down, that goes without saying, and that the democrats were not happy that maybe a week and a half ago the speaker pulled out of talks with the president after they had reached a pretty good amount of progress. but the fact that he called the speaker a dictator and in the next breath said he's worried about his job, it's a little contradictory, but very personal. let me give you a little bit of a reality check. that is it is true that the house is not in session. they wil
president. >> we're going to step away from harry reid. you kind of get the gist of what he's saying. he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal...
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chip reid is at the capitol. good morning. >> reporter: good morning. the president arrived back in washington in a little bit more than an hour. the senate comes back tonight and the house it could be a couple of days. there is not the sense of urgency you would think there would be with a critical deadline looming. some members of congress admit they may well just go over the fiscal cliff and deal with it in january after the new congress is sworn in. leaving his family behind to continue their vacation without him, president obama boarded air force one early this morning and headed for washington to deal with unfinished fiscal cliff business. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, mr. obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come toget
chip reid is at the capitol. good morning. >> reporter: good morning. the president arrived back in washington in a little bit more than an hour. the senate comes back tonight and the house it could be a couple of days. there is not the sense of urgency you would think there would be with a critical deadline looming. some members of congress admit they may well just go over the fiscal cliff and deal with it in january after the new congress is sworn in. leaving his family behind to...
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democratic harry reid and republican mitch mcconnell. they're working on a mini deal that would prevent a tax increase for roughly lly 98% of american workers. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: the deal comes after the president met with the congressional leaders at the white house. his first such meeting in six weeks. even if mcconnell and reid come to an agreement, no certainty it will pass before the end of the year. extending tax cuts while doing nothing to curb spending or address the long-term deficit crisis. if they fail to pass a mini-deal, almost everyone's income taxes will go up. even if the income taxes are extended virtually all workers are due to see less in their paycheck as the temporary tax increase is set to inspire. the prospects are quote not too promising they'll get to a bipartisan agreement to prevent everyone's taxes from going up. david? >> our chief white house correspondent jon karl. thi
democratic harry reid and republican mitch mcconnell. they're working on a mini deal that would prevent a tax increase for roughly lly 98% of american workers. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: the deal comes after the president met with the congressional leaders at the white house. his first such meeting in six weeks. even if mcconnell and reid come to an...
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it's up to harry reid to do what he needs to do. so i would suggest that's been a point of frustration. hopefully we're now seeing that get resolved. >> last word. those bills aren't going anywhere in the senate. the voters were very clear they want a balanced approach. they believe the wealthy should pay a little bit more and that middle class families should get a tax increase. that's what they voted for, i believe, in the last election. that's not what the republicans are standing up for right now. >> david, doug, gentlemen, i appreciate you both being here. and it is. it's a shame we're to this point, just a few days out and americans are worried right now about what their paychecks are going to look like the first couple of weeks of january. but thank you both so much. hopefully this gets worked out. you all have a happy new year. >> happy new year. >> about 42 minutes past the hour now. >>> want to turn to number five on our first five web stories. beyonce' is looking for co-stars in her super bowl halftime show. pepsi is runn
it's up to harry reid to do what he needs to do. so i would suggest that's been a point of frustration. hopefully we're now seeing that get resolved. >> last word. those bills aren't going anywhere in the senate. the voters were very clear they want a balanced approach. they believe the wealthy should pay a little bit more and that middle class families should get a tax increase. that's what they voted for, i believe, in the last election. that's not what the republicans are standing up...
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senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation of more economic growth and deficit reduction. guys, i can hear you over here. i believe such proposal could pass both houses with bipartisan majorities, as long as those leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. that is the way this is supposed to work. if can you get a majority in the house, then can you get a majority in the senate, then we should be able to pass a bill. so the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. america wond
senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation of more economic growth and deficit...
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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harry reid and mitch mcconnell are the key players. he sounded frustrated after not receiving a counter-offer. a key member of the leadership team offered this update. >> offeringses and discussions between and we remain hopeful that will get a breakthrough. obviously what happened here between the two leaders in the senate had broken down because the senate democrats failed to come forward with a counter offer to the proposal the republicans made last night. hopefully the discussions between the.and senator mcconnell will get us on track. >> republican aides recognize the consequences if it falls apart. everybody gets a tax increase in 48 hours. >> well, it's less than 48 hours now. i'm wonder, are the democrats fighting among themself? >> there's a battle over social security. republicans are including a new way of calculating inflation to lower payments to recipients of social security. democrats had could consider it if it's part of a $4 trillion package. now republicans say it's off the table and key democrats are hopeful senate l
harry reid and mitch mcconnell are the key players. he sounded frustrated after not receiving a counter-offer. a key member of the leadership team offered this update. >> offeringses and discussions between and we remain hopeful that will get a breakthrough. obviously what happened here between the two leaders in the senate had broken down because the senate democrats failed to come forward with a counter offer to the proposal the republicans made last night. hopefully the discussions...
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senators harry reid and mitch mcconnell are working on such an agreement as we speak. if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe that such a proposal could pass both houses with bipartisan majorities as long as they allow it to actually come to a vote. if members of the house for the senate want to vote no, they can. which of but everybody vote. that is the way this is supposed to work. -- we should let everybody vote. if you can get a majority, which should be able to pass the bill. host: that was the president yesterday. he talks a little bit more about that in the "washington -- the wall street journal" this mornign ng. back to the telephones. in georgia on the line for rep
senators harry reid and mitch mcconnell are working on such an agreement as we speak. if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and...
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harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up filibustering and will there be senators who support the legislation and blocking the filibuster. a lot of gymsmanship and republicans when you lock at the situation in the house and the inability to pass along the other things, they are on the verge of taking a lot of blame if they filibuster the legislation and the house doesn't act on it. >> and only democratic support developing here. how much is he going to agree with the president when he has the election in 2014? some folks don't want to appear in any way too close to president obama right now. >> let's move on in terms
harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up...
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harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not sure what the senate will do, as you say, we're expecting that smaller deal. what exactly will they vote on? perhaps something that will erase tax hikes for most but not all americans. there could be some money in there for unemployment benefits. they're cobbling all of that together today. all eyes again on the senate, as you say. an let's look at what's going to happen today. 10:00 a.m., that's when the senate comes into session, 10:00 a.m. 11:30 is when president obama returns from hawaii. so we expect many conversations after the president returns. then we have those five days, ali, as you s
harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not...
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Dec 30, 2012
12/12
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speaker, leaders reid and mcconnell. today when congress bestows the congressional gold medal on arnold palmer, we will be honoring a living legend. he is an icon of american sports and a success in all of his endeavors. a humanitarian, businessman, philanthropist. he personifies the american dream, the idea that anyone can travel as far as their talent will carry them. we think him for his service in the coast guard, for protecting that american dream for all americans. born to humble beginnings and raised in latrobe, pennsylvania, arnold rose from blue-collar roots to becoming the king, the king of golf. as king of golf, he raised up arnold's army. he always demonstrated etiquette, courtesy and friendship to fans and competitors alike. as arnie's army followed him on the course, he taught everyone about perseverance and discipline. he taught us that you can be six strokes ahead, and still lose. but you can be strikes -- six strokes behind and still win. as he said, he always made a total effort, even when the odds seem
speaker, leaders reid and mcconnell. today when congress bestows the congressional gold medal on arnold palmer, we will be honoring a living legend. he is an icon of american sports and a success in all of his endeavors. a humanitarian, businessman, philanthropist. he personifies the american dream, the idea that anyone can travel as far as their talent will carry them. we think him for his service in the coast guard, for protecting that american dream for all americans. born to humble...
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126
Dec 23, 2012
12/12
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harry reid put all kinds of pork in it. like i say, give them the $17 billion and then in about 90 days, come back and see what else the folks need in that area. but i don't believe -- if one republican votes for that $60 billion, every one of them ought to be thrown out for treason in the republican party. host: this is the headline in this morning's "new york times.? hurricane relief bill moves towards passage in the senate. a $60.4 billion to pay for recovery efforts in the states pummeled by hurricane sandy took a major step towards passage. is this the kind of spending conservative house republicans are talking about? guest: yes. it's interesting. you've seen the senate. the article stays senate moved towards this passage and it will probably happen next week when they return from their christmas break, the house has made absolutely no movement to put this on the floor and will most certainly be pushed into next year which means the bill will die and they will have to reintroduce the bill and go through some of the sam
harry reid put all kinds of pork in it. like i say, give them the $17 billion and then in about 90 days, come back and see what else the folks need in that area. but i don't believe -- if one republican votes for that $60 billion, every one of them ought to be thrown out for treason in the republican party. host: this is the headline in this morning's "new york times.? hurricane relief bill moves towards passage in the senate. a $60.4 billion to pay for recovery efforts in the states...
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Dec 30, 2012
12/12
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harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index was a point of contention raised on the house floor. the reporting from politico earlier about the loggerheads' this afternoon, they say that the provision would result in lower payments for social security beneficiaries. boston, the independent go ahead. >> most companies in the u.s. are now headquartered in toronto. they make their profit in bermuda. we're spending 47 cents on the dollar on the deficit. we will have to do like canada and put a tax on gasoline. what is your opinion? what should we do to fulfill the debt and our obligation? >> what is
harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index...
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Dec 28, 2012
12/12
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senator reid should talk less and legislate more. the house has passed legislation to avoid the entire fiscal cliff and senate democrats have not. now they are coming into the meeting and there is already acrimoney instead of reconciliation. >> part of the problem, i am sorry, the house passed two spending bills and ideas to meet the fiscal cliff and cent -- subject it to the senate. they have two over there . john boehner said let me get third plan b . everybody is like where are the republicans on this? they should have stayed firm on the ryan plan. it was the best . back track a year ago. this stems from the failure of the super committee that stemmed from the simpson-bowles commission failing. simpson-bowles. they got together and made the recommendation to president obama who commissioned that study can. >> kelly: and yet rejected it. >> that fail would and went to the super committee. they need to get together. >> julia: if you watched fox news channel yesterday. there is a map with red dots and that is the newspaper and the lo
senator reid should talk less and legislate more. the house has passed legislation to avoid the entire fiscal cliff and senate democrats have not. now they are coming into the meeting and there is already acrimoney instead of reconciliation. >> part of the problem, i am sorry, the house passed two spending bills and ideas to meet the fiscal cliff and cent -- subject it to the senate. they have two over there . john boehner said let me get third plan b . everybody is like where are the...